Swabalamban Laghubitta reports a decent Q3 financial; profit rises by 21% with EPS of Rs 60.53
Fri, May 3, 2019 6:31 AM on Financial Analysis, Stock Market, Latest,
Swabalamban Laghubitta Bittiya Sanstha (SWBBL) has posted satisfactory growth in net profit by 21% in the third quarter of fiscal year 2075/76.
Publishing the unaudited financial report for the third quarter today, the microfinance has stated that its net profit rises to Rs 28.55 crore from Rs 23.59 crore in last corresponding quarter.
Its operating profit has also increased by 21.30% to Rs 44.75 crore in Q3 from Rs 36.89 crore in the corresponding quarter of the last fiscal year.
The microfinance’s borrowing stands at Rs 5.11 arba and has collected Rs 7 arba in deposits.
Likewise, it has extended loans and advances of Rs 13.13 arba till Q3 of FY 2075/76 whereas in the same period last year the figure stood at Rs 9.54 arba, which is the increment of 37.54%.
It has a paid-up capital of Rs 62.88 crore and has Rs 98.79 crore in reserve and surplus.
Its non- performing loan (NPL) slightly decreased to 0.92% in Q3 from 1.02% in the corresponding quarter of the fiscal year 2074/75.
The annualized earning per share (EPS) is Rs 60.53. Its net worth per share stands at Rs 257.10 and quarter end P/E ratio stands at 13.66 times.
Major Highlights:
|
Particulars (In Rs '000) |
Swabalamban Laghubitta |
||
|---|---|---|---|
|
Q3 2075/76 |
Q3 2074/75 |
Difference |
|
|
Paid Up Capital |
628,888.00 |
503,111.00 |
25.00% |
|
Reserve & Surplus |
987,974.00 |
815,516.00 |
21.15% |
|
Deposits |
7,007,656.00 |
5,351,247.00 |
30.95% |
|
Borrowings |
5,112,057.00 |
3,630,947.00 |
40.79% |
|
Loans & Advances |
13,134,945.00 |
9,549,945.00 |
37.54% |
|
Net Interest Income |
769,024.00 |
625,497.00 |
22.95% |
|
Staff Expenses |
408,239.00 |
277,755.00 |
46.98% |
|
Provision for possible losses |
44,587.00 |
52,298.00 |
- |
|
Operating Profit |
447,594.00 |
368,983.00 |
21.30% |
|
Net Profit |
285,510.00 |
235,957.00 |
21.00% |
|
Capital Adequacy (%) |
10.78 |
11.68 |
-7.71% |
|
NPL (%) |
0.92 |
1.02 |
-9.80% |
|
Cost of Fund (%) |
9.28 |
8.62 |
7.66% |
|
Annualized EPS (In Rs.) |
60.53 |
62.53 |
-3.20% |
|
Net Worth per Share (In Rs.) |
257.10 |
262.09 |
-1.91% |
|
PE Ratio (times) |
13.66 |
- |
- |
